<h3>Hello there!</h3>
Your question asks what would be the current stock price.
<h3>Answer: D). $33.50</h3>
In order to find the solution to your question, we're going to need to find how much growth the stock made in 3 years, and see how much it grew by 6% after the 3 years. WE also need to calculate the "rs" into the stock price.
Lets solve:
D = Dividend
(Numbers next to D) = Years
Once you're done solving, you should get 33.58. Since it's not an answer choice, we'll just choose the one that's close to it.
Therefore, you should get the answer D). $33.50
Answer choice D). $33.50 should be your FINAL answer.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
Answer:
$2.70 mixing; $4.40 sampling
Explanation:
Activity based costing is a process by which the various activities in a production process are identified and cost allocated to each one. Each of these actity costs are added as product cost. It involves assigning indirect cost to direct cost.
For mixing department the cost rate is $0.9 per hour for 3 machine hours. So cost is (0.9* 3)= $2.7
For sampling the rate is $2.20 for 2 tests. So cost is (2.20* 2)= $4.4
Answer:
B Cost of ingredients for cupcakes rises.
Explanation:
Answer:
The change in checking deposit is equal to $22,727.27.
Explanation:
An amount of $2,500 is deposited in a checking account.
The required reserve ratio is 0.11 or 11%.
A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.
The change in the checking deposits will be
= 
amount deposited
= 
= $22,727.27
